A loan of PKR 65,000 helped to buy a loader rickshaw.
Muhammad Iqbal is from Gujranwala. He is a 38 year old married man living with six children. He has one physically challenged daughter by birth who is six years old and needs extra care and medical treatments. He has no appropriate business to bear his special child’s medical, household and education expenses. Nine months ago his motor cycle rickshaw got stolen which was his source of earning. The only income source for his family now is a small trading business of sales/purchase of cartons in factories which is carried through a rented loader rickshaw. His four children are going to school and they need to pay tuition fees. Now Muhammad Iqbal has requested a funding of PKR 65,000 to purchase a loader Rickshaw. He will buy material (cartons) on his own loader Rickshaw and will secure more money by saving monthly percentage for the rented loader Rickshaw. This initiative will increase his family's income and Muhammad Iqbal will be able to give his children a good education.
Country
PKR 290,893

Average annual income

PKR 55,125,100

Funds donated in Gujranwala

0

Projects fundraising in Gujranwala

727

Project raised in Gujranwala

Deserve for

Loan Length 26Months
Repayment schedule:
Monthly
Installment per month:
PKR 2500.00
Disbursed date:
Dec 07,2014